| Amazon.com, Inc.: |
Amazon reports Q4 revenue up 10% YoY to $187.8B, vs. $187.3B est., net income up 89% YoY to $20B, and operating income up 61% YoY to $21.2B — Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2024. Fourth Quarter 2024| Annie Palmer / CNBC: |
Amazon reports Q4 AWS revenue up 19% YoY to $28.8B, in line with est. and above 13% YoY growth in Q4 2023, and AWS operating income up 47% YoY to $10.6B — Amazon reported better-than-expected earnings and revenue for the fourth quarter, but it gave disappointing guidance for the current period.| Annie Palmer / CNBC: |
| Mark Gurman / Bloomberg: |
Sources: Apple plans to unveil its long-awaited overhaul of the iPhone SE as early as next week, opting to reveal it on its website instead of at a launch event — - Revamped SE model is set to be unveiled in the coming days — Apple plans flurry of 2025 products, including smart home hub| Natalie Andrews / Wall Street Journal: |
US lawmakers introduce a bipartisan bill that would ban DeepSeek's app from government-owned devices, amid concerns that China would be able to access user data — Bipartisan bill comes amid concerns that the application allows China to see user data — WASHINGTON—Lawmakers plan … | Kyle Wiggers / TechCrunch: |
OpenAI updates o3-mini's chain of thought to make it easier for users “to understand how the model thinks”, available to both free and paid ChatGPT users — In response to pressure from rivals including Chinese AI company DeepSeek, OpenAI is changing the way its newest AI model … | Romain Dillet / TechCrunch: |
Mistral releases iOS and Android apps and updates to its AI assistant Le Chat, including a $14.99-per-month Pro tier to access the “highest-performing model” — Mistral, the company that is sometimes considered as Europe's great hope for AI, is releasing several updates to Le Chat, its AI assistant product.| Zaheer Kachwala / Reuters: |
Take-Two reports Q3 net bookings up 3% YoY to $1.37B, vs. $1.39B est., and reiterates GTA VI is set to launch in the fall of 2025; TTWO jumps 6%+ after hours — Take-Two Interactive Software (TTWO.O) forecast its fourth-quarter bookings below Wall Street expectations on Thursday … | Wired: |
Sources: DOGE is pushing rapidly to develop GSAi, a custom generative AI chatbot for the US GSA to boost productivity, analyze procurement data, and more — The chatbot is part of Elon Musk and President Donald Trump's ambitions to use AI and other technologies to cut costs and modernize the US government.| Katherine Long / Wall Street Journal: |
DOGE staff member Marko Elez resigns after being linked to racist X posts; the 25-year-old was embedded in the US Treasury and previously worked at SpaceX and X — A staffer for Elon Musk's Department of Government Efficiency whose access to U.S. Treasury payment systems was approved … | Washington Post: |
| Abner Li / 9to5Google: |
Email: Google is testing a Search “AI Mode” powered by Gemini 2.0 that lets users ask “open-ended / exploratory questions” and get AI Overview-style responses — As previously spotted, Google Search is working on a new “AI Mode” that offers a “persistent place” … | Jess Weatherbed / The Verge: |
Google starts using SynthID watermarks in Google Photos on images that were edited using Magic Editor, but says some Reimagine edits may be too small to detect — But Google admits that some generative AI adjustments may be ‘too small’ for SynthID to detect.| Marina Temkin / TechCrunch: |
In a meeting with GOP lawmakers, Donald Trump proposed taxing carried interest as ordinary income, a policy that could sharply increase the tax bill for VCs — On Thursday, President Trump asked Republican lawmakers to end tax breaks on carried interest. — The tax break allows private equity … | MacKenzie Sigalos / CNBC: |
Affirm reports Q2 revenue up 47% YoY to $866M, vs. $807M est., GMV up 35% YoY to $10.1B, and active consumers up 23% YoY to 21M; AFRM jumps 10%+ after hours — WATCH NOW — Affirm shares jumped more than 15% in extended trading on Thursday after the provider of buy now, pay later loans … | Bloomberg: |
Sources: Winklevoss' crypto exchange Gemini is considering an IPO as soon as in 2025; cryptoasset exchange operator Bullish is also considering an IPO in 2025 — Gemini, the cryptocurrency firm backed by the billionaire Winklevoss twins, is considering an initial public offering as soon as this year … | Ashley Belanger / Ars Technica: |
Kadrey v. Meta: unsealed emails show Meta allegedly torrented 81.7TB+ of data across multiple shadow libraries through the site Anna's Archive for AI training — Newly unsealed emails allegedly provide the “most damning evidence” yet against Meta in a copyright case raised by book authors alleging … | Julaiza Alvarez / Bloomberg: |
Pinterest reports Q4 revenue up 18% YoY to $1.15B, vs. $1.14B est., MAUs up 11% YoY to 553M, and forecasts Q1 revenue will top est.; PINS jumps 15%+ after hours — Pinterest Inc. posted strong holiday-quarter revenue and gave an upbeat forecast for sales in the current period … | Sharon Goldman / Fortune: |
Sources: OpenAI co-founder John Schulman is joining former OpenAI CTO Mira Murati's stealth startup; he left Anthropic after joining the startup in August 2024 — OpenAI cofounder John Schulman is joining former OpenAI CTO Mira Murati's stealth startup after departing Anthropic just five months … | Jagmeet Singh / TechCrunch: |
Customer service software startup Sprinklr cuts 500 jobs, ~15% of its workforce, citing weak business performance; C-level staff remain unaffected — Sprinklr, a U.S. firm providing a customer experience management platform to global brands, has laid off about 15% of its workforce …
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| Mark Gurman / Bloomberg: |
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| Emma Roth / The Verge: |